Iconix Brand Group Inc. easily beat expectations for its third-quarter earnings and initiated guidance for fiscal 2014 above Wall Street’s early estimates.
In the three months ended Sept. 30, the New York-based brand management firm generated net income of $29 million, or 50 cents a diluted share, 6.9 percent above the $27.1 million, or 38 cents, registered in the comparable quarter of 2012. On an adjusted basis, EPS was 59 cents, 7 centsabove the 52-cent analysts’ consensus estimate.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"